According to the data released by the Association of Mutual Funds in India (AMFI) on Friday, inflows in the equity category saw a significant surge. February witnessed inflows amounting to ₹26,866 crore, reflecting a spike of 23.3 percent, as disclosed by the AMFI data.
Small-cap funds took the lead with a net inflow of ₹2,922.4 crore, followed by mid-cap funds with ₹1,808.2 crore, and large-cap funds trailing closely behind with ₹921.14 crore in net inflows.Also Read: AMFI issues circular on ‘stress test’ of mutual fund schemes; all you need to know
For the 36th consecutive month since March 2021, equity funds have continued to see positive inflows. It is worth mentioning that investments through systematic investment plans (SIPs) reached a new all-time high of ₹19,186 crore last month, up from ₹18,838 crore in January.
In February, the total assets under management (AUM) of mutual funds saw a 3.42% increase, reaching ₹54.54 lakh crore compared to ₹52.74 lakh crore in January.
During the month, approximately 20 open-ended new fund offers (NFOs) were launched, collecting a total of ₹11,469 crore. Additionally, two close-ended NFOs were introduced in February, raising ₹251 crore in funds.
The sectoral/thematic funds continued to gain traction, experiencing a 134% increase in assets under management (AUM). This category saw the highest inflows of ₹11,262.72 crore, up from ₹4,804.69 crore in January.
Liquid funds recorded the highest inflow in February, receiving around ₹83,642.33 crore compared to ₹49,467.67 crore in January.
On the other hand, overnight funds experienced the highest outflow of ₹17,375.61 crore, reversing the inflow of ₹8,995.07 crore in January. Low duration funds also witnessed an outflow of ₹4,100.38 crore in February.
Corporate bond funds saw the second-highest inflows of approximately ₹3,028.86 crore, while Gilt Fund with a 10-year constant duration received the lowest inflows of ₹42.41 crore.
Overall, debt mutual funds saw an inflow in February, with a total of ₹63,808.82 crore coming into the category during the month. This marked a significant improvement from the outflow of ₹76,468.96 crore experienced in January.In February, Exchange-Traded Funds (ETFs) also saw a significant increase in net inflows, attracting ₹6,461.67 crore compared to ₹571 crore in January.